How To Quickly Find Supply & Demand Zones On The 5 Minute

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yes yes yes what's going on ladies and gentlemen today we're going to talk about how to find supply and demand zones on a five minute chart so let's go all right so today we're going to talk about how to find supply and demand zones also we're going to talk about how to draw Supply demand zones and also we're going to look at a couple of examples of my trades and we're going to look at one live example because there is always a hater out there that's going to say hey this is hindsight you know anybody can do this anybody can you know go back and just show you know examples that happen already okay and to answer that I have a whole bunch of live videos on my channel so check that out okay but I do have a live example for y'all today so let's go all right so the reason why I like to look at supplying Demand on a five minute chart is because number one I'm a scalper and a day trader so I'm trying to be in and out the market I'm not trying to hold long moves no more than 15 minutes 30 minutes tops okay in the five minute gives me that another reason why I'm looking at my five minute zones is because on a higher time frame like the four hour or the one hour right if I go to the full hour right here I'm not going to get zones every single day and I only trade the NASDAQ back every day so the higher time frame is not going to give me supply and demand zones every single day but the five minute might um you know and I might not take every single Supply on demand Zone I see on a five minute but still at least it shows up more than the four or one hour okay so let me show you how I look for my supply and demand zones so overall you have to understand the market is a wave machine so that's what I'm looking at I like to look for what I call short-term supply and demand zones most people look for Supply demand zones on a higher time frame and for me I don't do that because I'm a scalpa day trader so I like to look at the waves in the market on the five minute chart right if you look at these waves they're going to give you you know supply and demand zones from these waves okay and you can get you know some quick moves from these waves all right so how do I find my supply and demand Zone basically I'm looking for aggressive buying if the Market's going up which is demand and I'm looking for aggressive selling if the Market's going down in that Supply okay and I'm looking for at least maybe three candles in a row okay now the Market's not a perfect pitcher all the time so you might not get three candles in a row I might get maybe two aggressive candles in a row but for the most part you know maybe three candles so right here we have one two three four candles in a row so to me that's a good Zone I see nice buying and then I'm gonna draw my zone right here now we are all waiting for the market to come back to the zone right the whole concept of supplying demand is basically big buyers are pushing up the market right and we're waiting for the market to come back to this key area because the big players might come back in the market to buy up the market again so we just want to follow big money that's it so that's the whole concept now he came back to the man you can get in with a nice Bose bar or a nice bearish bar okay nice rejection right here in the market shot up let me show you guys another example so right here we have one two three I would say at least what nine candles in a row so we have a nice zone now you could put your zone right here when the candle started to move so right here if you look at it this is the candle that started this whole big move all the way to here so you can start your zone right here but what I like to do I like to look at the candles that's around the move because sometimes the market will never come back to that first candle right but it will come back to the candles that's around the zone so right here I will put my zone right here and notice how it came back to it and I will get in and I will look for the market to continue to go back up so now let me show you guys a supply example okay so remember I told you guys before supplies when the Market's going down so we have the market going down and we have a nice aggressive selling right here I would say one two three candles so again we have the candle that started to move but the market never came back to it so what I like to do is you see the candles that's around it I like to put my zone right here and notice how we have a nice rejection right at that zone okay I get and look for that continuation so let me show you guys another example so here's another example right here guys we have the market first we have a demand zone so we have a nice aggressive buying right here you can't deny that right now notice how it came back to that zone and it blew past that zone now this is why I tell Traders especially if you're new do not buy as soon as it comes right at the Zone it's best to wait for some type of confirmation okay so a blue passes zone now what do we have we have aggressive selling a lot of selling going on right here so I'll draw my zone I wait for the market to come back to that zone notice how we have a nice rejection right here okay you can get in you can actually put your stop loss above the Candlestick or you can put it above the Zone it doesn't matter it all depends on your style okay now another way you can actually find supply and demand zones is from my indicator okay some of you guys know I have a supply and demand indicator I really don't talk about that much but let me show you real quick okay so notice how this indicator shows you when the supply or demand start so right here we're going down so I'm looking for a supply that's where you see the yellow candle and you see the S stands for supply and the Mark was going up you will see a d right now we have the aggressive selling you're waiting for the market to come back to the zone so you can draw your own Zone but it's going to show you hey we have Supply here and it came back to that zone and it shot down notice how we shot down with aggressive selling right here okay so that gives us another zone right here right and we look for for more short opportunities okay and also this comes with buy and sell confirmations let me show you that real quick all right so these confirmations are only good if it's at a key level okay you don't want to go short if it's not at a key level notice how we came back to this key level right here to give you a nice short confirmation boom now it came back to this Supply key zone right short you could put your stop loss above the zone right you look for continuations so again this indicator is for beginners you don't really need it okay but some students say I like it and helps me out all right and people ask me hey how do I get this indicator it only comes with my trading program right and the reason why I do that because I want to show you guys how to trade the market the right way I don't want you to rely on the indicator because eventually once you understand the market at a high level you don't need an indicator right so let me show you guys some more examples all right so these are the trades that I took right here so notice how we have the market going down so this is Supply so we have nice aggressive selling right here right it came back to here when I saw some selling going on I got in put my stop loss Above This pivot right here right and these lows right here and I got out so let me show you guys another example but it's going to be on the demand side let's go all right so here's a demand example and I like this example because it's lining up with support okay so once you have a lot of things lining up to me that's a great trade so we have support right here right the market shot up went above support and we have Demand right here okay we have nice buying going on right here one two three candles pulled back to that demand area right here when I saw a buying coming in I got in right there and my target was this high right here and I got out and I was done for the day all right so let me show you guys the live example right now okay so before I show you guys a live example let me explain the trade real quick all right so right here we have the market going down right and notice how we making like these triple bottoms right here right and then the market shot up so we got one and two green candles and shot up right notice how it tried to go down some more and then boom We shot up nice green candle right here that's where I got in and my target was this high right here let me show you guys the clip okay so this is where I started to record because I wasn't trying to record today but I said you know what let me show them a live example so I got in the market is shooting up it's going my way so let me fast forward to show you guys what happened next all right so right here guys you see the market it's almost at my target profit and I'm waiting to see if the market is going to stall out because it's at a resistance area and sellers might come in so if I see any type of signs that I don't like I'm going to get out the market so let me fast forward this all right so I just got out and I forgot to record it but basically I didn't like how the market was looking at resistance and I said okay let me get out remember I'm a scalpa I'm not really trying to hold for these big moves and if the market continues to go up without me oh well okay but if you look at the left you see that I'm up 11k for the day okay so I have another live trade to show you guys first let me explain the trade so right here you see that we have a nice strong push and the market came back to this demand level right here right so this is where the market opened up right here um me personally I don't jump in the candle as soon as the market opened I usually wait maybe you know five minutes or so or 15 minutes um before I take a trade so we had the market respecting this zone right here okay plus if you look at this we do have a trend line going on too to me when I see multiple things lining up it gives me even more confidence anyway I saw the market holding this demand level it popped up when I saw this green bullish bar right here I bought when it went above this candle and when I got on the trade I decided to Trail my profits so let me show you guys the live clip all right so I'm in the market and I'm just looking for the market to continue to push up because overall the market looks like it's holding that level and it's looking really bullish so I'm just saying okay let me see if I can make this trade breathe a little bit so let me fast forward this real quick all right so right here you see I put my stop loss below this candle right here just in case the mod monkey decides to fall back sell off because now I see you know the market is looking kind of weak so right here you're going to see me get out completely because it hit my stop loss and I'm just going to flatten all the orders that's open and if you look to the left you see that I'm up 8K for the day all right so that's another live example of me trading some blind demand so that's all I want to show you guys today I wanted to show you guys how to draw your zones how to find the zones and also a couple examples of my trades and one live trade right hope you guys enjoy this video if so hit that like button hit that subscribe button and if you want to learn how to trade and take your trade into the next level check out the trader program in the description in the supply demand indicator comes with that program and also have an early Halloween discount going on so make sure you take advantage of that before it disappears if you have any questions comment below because I try to answer all you guys questions thanks a lot for your time and please have a great day
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Channel: Day Trading Addict
Views: 295,902
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Keywords: Supply and Demand Trading, Trading
Id: VZTxAtpD6CI
Channel Id: undefined
Length: 10min 47sec (647 seconds)
Published: Fri Oct 21 2022
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